Public Bank Bhd and Sunway Integrated Properties Sdn Bhd (Sunway Property) have signed a memorandum of understanding (MOU) to collaborate on sustainable development projects.
Chief financial officer Syed Agil Syed Hashim, who was only appointed last Monday (Aug 29), is appointed as the acting group CEO to assume the day-to-day management.
Al-'Aqar Healthcare REIT has acquired three hospitals from KPJ Healthcare Bhd for RM192 million, to be paid in cash and new shares.
Pasukhas Group Bhd's wholly owned subsidiary, Pasukhas Sdn Bhd, has been awarded a contract for the supply, execution and completion of a data centre in Cyberjaya.
Poh Kong Holdings Bhd is acquiring two three-storey shoplots from The Lotus Corp Bhd for RM11.35 million in the Petaling Jaya New Town area.
Core Precious Development Sdn Bhd is confident of achieving a 100% sales rate for Tower 1 and Tower 2 of its Core Residence @ Tun Razak Exchange (TRX) development in Kuala Lumpur before the project handover by end-2023.
AME Real Estate Investment Trust’s (AME REIT) initial public offering (IPO) for the Malaysian public portion was oversubscribed by 2.46 times.
In its September Central Bank Watch note released on Wednesday (Aug 31), UOB said that besides internal factors, expected outsized US Federal Reserve rate hikes in the coming months and global monetary conditions would also be taken into consideration by Malaysia's central bank in its September meeting.
UMW Group is disposing of 140 acres (56.66 hectares) of land at the UMW High Value Manufacturing Park (UMW HVM Park) in Serendah to LONGi (Kuching) Sdn Bhd for RM304.92 million.
Ekovest Bhd's net loss for the fourth quarter ended June 30, 2022 (4QFY22) ballooned to RM123.81 million from RM2.66 million a year before, dragged by lower contribution from the construction and property investment segments.